Dec.17 (GMM) Michael Schumacher on Sunday confirmed that he has no immediate plans to end his role as an 'advisor' to the formula one team Ferrari.

Since retiring as the Maranello based team's principal race driver at the end of 2006, the seven time world champion has attended several grands prix and twice so far this winter tested the F2007 ahead of next year's traction control ban.

"In the future I don't know but right now I am going to stay in my advisory role for Ferrari," the German, who is 38, told Sky Sports at Wembley stadium in an interview with veteran commentator Murray Walker.

"I am quite happy in this role and I want to be a happy family father and enjoy life," Schumacher said in London.

At the Race of Champions, Schumacher and Toro Rosso racer Sebastian Vettel's German team won the teams' trophy, but Schumacher spun within sight of the chequer in the individual final against DTM driver Mattias Ekstrom.

But when asked if the competitive action might cause him to reconsider his retirement plans, Schumacher answered plainly: "No."